AZZURRO appoints Erwin Wolf as Chief Executive Officer

Mar 20th, 2009

Date Announced: 20 Mar 2009

Magdeburg, Germany -- AZZURRO Semiconductors, a pioneer and leader in GaN-on-Si technology announces that Erwin Wolf has joined the Executive Board to become Chief Executive Officer effective 1st March 2009.

Erwin Wolf has held various executive functions in the semiconductor industry - predominantly in the area of opto-electronics and power semiconductors - for more than 30 years.

Before joining AZZURRO Erwin Wolf was Vice President Technology within production of power semiconductors at Infineon and before that Managing Director of Infineon Fiber Optik GmbH.

Furthermore he was Chief Executive Officer of OSRAM Opto Semiconductors Inc., USA and General Manager and Vice President of the Business Unit Opto Components (for LED, Infrared Diodes, Detectors, Sensors and Lasers) at Siemens AG.

“Erwin’s wide experience in the semiconductor industry will be a strong addition to AZZURRO’s competence in accelerating the usage of GaN-on-Si. With him on board, we will drive our further expansion.”, said Christian Kruber, Chairman of the board.

The existing members of the Executive Board will remain in place with Mr. Alexander Lösing continuing to be in charge for Sales and Finance and Dr. Armin Dadgar remaining responsible for production and development as Chief Technology Officer.

About AZZURRO SemiconductorsPrivately held AZZURRO Semiconductors is a strongly growing semiconductor company. Having pioneered the growth of gallium nitride on silicon substrates using metalorganic vapour phase epitaxy (MOVPE) AZZURRO is providing its customers worldwide with epiwafers for LED, high-voltage and high-frequency applications. AZZURRO’s uniquecapability to grow very thick (8 micron) high-quality gallium nitride on large area silicon substrates (currently 150 mm) enables cost breakthroughs for high-brightness LEDs and other GaN-based devices.